MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0014598
Powercare Solutions Private Limited - energy and power in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹7.77 Cr
▲ 105% YoY
Net profit · FY 2023
₹16.5 Lakh
Net margin 2.1%
EBITDA · FY 2023
₹26.38 Lakh
EBITDA margin 3.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹80,000
Issued & subscribed
Open charges
₹29.68 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Powercare Solutions Private Limited
Data last updated:
Powercare Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 29 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31904TN2020PTC135473. Its GSTIN is 33AALCP1541P1Z4 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹80,000. It is led by directors Kannan Thiyagarajan and Shoba.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.77 Cr, a growth of 105% compared to the previous year. For the same year it recorded a net profit of ₹16.5 Lakh (net margin 2.1%) and EBITDA of ₹26.38 Lakh (EBITDA margin 3.4%).
As per MCA filings, the company has open charges of ₹29.68 Lakh on record. Court records list 14 cases involving the company, including 14 filed against it; 10 cases are pending.
Powercare Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0014598). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powercaresolutions.in.
Company details
CIN U31904TN2020PTC135473
Registration Number 135473
Incorporation Date 29 May 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0014598
Recognitions & Rankings of Powercare Solutions
Contact details
Powercare Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is powercaresolutions.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No F3 A Block Sripathy Tower, Syndicate Bank Colony Kovilambakkam, Chennai, Tamil Nadu, India – 600117
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Powercare Solutions Private Limited, buy the company report.
Comprehensive company report
Powercare Solutions Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Powercare Solutions is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Powercare Solutions Private Limited, buy the company report.
Financials of Powercare Solutions Private Limited
FY 2023 filings availablePowercare Solutions Private Limited reported revenue of ₹7.77 Cr (up 105% YoY) for FY 2023.
Revenue · FY 2023
₹7.77 Cr ▲ 105%
Net profit · FY 2023
₹16.5 Lakh margin 2.1%
EBITDA · FY 2023
₹26.38 Lakh margin 3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 105%
EBITDA CAGR growth
1 year
▲ 45%
Revenue rose 105% in the latest year. EBITDA rose 45% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹7.77 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹26.38 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹16.5 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.4% | ||
| Net Profit Margin | 2.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Powercare Solutions Private Limited, buy the company report.
Board of directors of Powercare Solutions Private Limited
Powercare Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shoba Also directs: Powercare Logistics Private Limited | Additional Director | 11 Dec 2023 | 2 Years 10 Months | Current |
| Kannan Thiyagarajan | Director | 29 May 2020 | 6 Years 5 Months | Current |
Auditor
Powercare Solutions Private Limited is audited by VIJAYAN & ARUN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAYAN & ARUN | FY 2023 | 013838S |
Shareholding
The shareholding of Powercare Solutions Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Powercare Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹29.68 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2024 | 100941635 | Hdfc Bank Limited | ₹21.86 Lakh | Open | |
| 25 Jan 2024 | 100867402 | Others | ₹7.82 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Powercare Solutions Private Limited has 14 court cases on record: 14 filed against it. 10 cases are pending and 4 are disposed.
Total cases
14
Filed against the company
14
Pending
10
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 10 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Epiroc Mining India Private Limited | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed against the company by Katalyst Techtex LLP Rep by Its Managing Partner P Rameshkumar | Pending |
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed against the company by M/S Larson Pharma Pvt. Ltd Rep by K. Srinivasa Rao | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by M/S Cantech Engineers Pvt. Ltd. | Pending |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed against the company by M/S Chaos Electronics LLP | Disposed |
To see the full case history of Powercare Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Powercare Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Powercare Solutions Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
Active EPFO establishments
1
GST
Powercare Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCP1541P1Z4 | Tamil Nadu | Active | 14 Jul 2020 |
| 36AALCP1541P1ZY | Telangana | Active | 06 Apr 2022 |
To see the full GST registrations and return filing status of Powercare Solutions Private Limited, buy the company report.
Recent activity
Powercare Solutions Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Krishnan Shenbagarajan ceased to be Director on 11 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 21.86 Lakh with Charge ID 100941635 was registered on 17 Apr 2024.
Charges
A charge with Others amounted to Rs. 7.82 Lakh with Charge ID 100867402 was registered on 25 Jan 2024.
Ceased
Krishnan Shenbagarajan ceased to be Director.
Appointed
Shoba was appointed as Additional Director.
AGM
Powercare Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Powercare Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Ceased
Sheik Bane John ceased to be Additional Director.
Appointed
Kannan Thiyagarajan was appointed as Director.
Incorporation
29 May 2020
Powercare Solutions Private Limited was registered on 29 May 2020 with Roc Chennai & aged 6 years 5 months as per MCA records.
Frequently asked questions
Powercare Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 29 May 2020 (6+ years old) and is registered under CIN U31904TN2020PTC135473.
Powercare Solutions has 2 current directors:
- Shoba - Additional Director
- Kannan Thiyagarajan - Director
The latest financial statements of Powercare Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Powercare Solutions is 33AALCP1541P1Z4, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AALCP1541P1ZY (Telangana).
The CIN (Corporate Identification Number) of Powercare Solutions is U31904TN2020PTC135473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powercare Solutions has 14 court cases on record: 14 filed against it. 10 are pending.
Powercare Solutions was incorporated on 29 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Krishnan Shenbagarajan ceased to be Director on 11 Dec 2023. Shoba was appointed as Additional Director on 11 Dec 2023. Sheik Bane John ceased to be Additional Director on 09 Jan 2023. Powercare Solutions has 4 board changes on record in total.
Yes, Powercare Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0014598).
Powercare Solutions can be reached through the website powercaresolutions.in. Its registered office is in Chennai, Tamil Nadu, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages